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Transferring Wealth and Power from the Old to the New World

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  • Bordo,Michael D.
  • Cortés-Conde,Roberto

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Abstract

This book contains a collection of essays comparing the evolution of the fiscal and monetary regimes of the Old World colonial powers - England, France, Spain, Portugal and the Netherlands - from the seventeenth to the nineteenth centuries with the experiences of several of their former colonies in the New World of the Americas: the United States, Canada, Mexico, Colombia, Brazil and Argentina. The objective is to see how such fiscal and monetary institutions were modified or replaced by new ones. The case studies in the collection consider the experience of the colonies after they became independent countries; they examine the factors that allowed efficient fiscal institutions to develop in some countries, while in others such development turned out to be unsuccessful; and they consider why some governments were able to live within their means and provide public goods, while for others expenditures frequently exceeded revenue, often leading to fiscal crises.

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Bibliographic Info

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This book is provided by Cambridge University Press in its series Cambridge Books with number 9780521773058 and published in 2001.

Order: http://www.cambridge.org/uk/catalogue/catalogue.asp?isbn=9780521773058
Handle: RePEc:cup:cbooks:9780521773058

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Web page: http://www.cambridge.org

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Cited by:
  1. Michael D. Bordo, 2007. "Growing Up to Financial Stability," NBER Working Papers 12993, National Bureau of Economic Research, Inc.
  2. K. Kývanç Karaman & Þevket Pamuk, 2009. "Ottoman State Finances in Comparative European Perspective, 1500-1914," Working Papers 2009/05, Bogazici University, Department of Economics.
  3. Roberto Cortes Conde, 2008. "Spanish America Colonial Patterns: The Rio de La Plata," Working Papers 96, Universidad de San Andres, Departamento de Economia, revised Mar 2008.

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